Vidhikarya Logo
Callback Request
Call Back Request
Track Your Request
Track Your Request
+91-7604047602 Legal Blog For Students Free Legal Advice Lawyer Login
Menu
Vidhikarya
arrow_back

RAJASTHAN HIGH COURT ISSUES NOTICE ON EXTENSION OF REAL ESTATE PROJECT TIMELINES FOR COMPLETION


RAJASTHAN HIGH COURT ISSUES NOTICE ON EXTENSION OF REAL ESTATE PROJECT TIMELINES FOR COMPLETION
As the entire country was under lock down for the period 50+ days due to COVID-19. There were several issued faced by all people in this period. As such Real Estate Industry which was in slow pace for the past 2-3 yrs after Implementation of RERA & GST laws have further put the industry to a complete standstill with no progress & developments. Also considering the situation central Govt. has declared the Covid-19 Lock Down period as FORCE MAJEURE clause to protect the Real estate Industry also the period for completion mentioned under RERA have been automatically extended for a period of 6 months, where the project completion date was specified as on or afterwards 25th March 2020. But surprisingly the RERA of Rajasthan has extended the completion dates for all projects irrespective of date of completion, which included the completion dates even prior to Covid-19 lock down period, which is arbitrary


Due to the Covid-19 pandemic the Real estate sector in the country has suffered huge setback. Due to lockdown & after relaxation non-availability of labor has made the real estate sector to come to a standstill. There are thousands of Real estate projects and Lakhs of homebuyers are waiting for the possession of their dream homes. Even prior to the Covid-19 situation the Real Estate Industry has seen slow growth & progress. There were lakhs of home buyers in the country waiting for completion & handover of the projects. So the Central govt. has passed RERA act to regulate the real estate industry & to ensure accountability of the Real Estate Developers.

During the Lockdown situation in the country & on request of the CREDAI with Builders/Developers the Central Govt has declared the COVID-19 as FORCE MAJEURE situation. In view of the same all the real estate projects which were due for completion under RERA registration have got an automatic extension of all the projects which were due for completion on or after March 25th, 2020. Thus all the real estate projects have got extension of timeline of 6 months to cover the Covid-19 lockdown situation. But in an extreme case of Rajasthan RERA Authority has extended the time line for all the projects for a period of one year irrespective of the date of completion, which even included the projects which were due for completion prior to the Covid-19 pandemic & lockdown. thus there was no separate timeline for the Real estate projects which were not completed till 19th March 2020. Further Rajasthan RERA has even gone to an extent to impose an order that no recovery proceedings shall take place in this time for a period of one year. It literally means the projects that were not completed & which the developers were to pay as compensation under RERA laws were suspended unilaterally without authority of law.

In this regard a PIL was filed in Rajasthan Highcourt challenging the action of Rajasthan RERA Authority.

Posted On : June 23, 2020

Written By :
Sharada H v
Sharada H v
D.O.E. : 8/2004
Bangalore |
Consult

Recommended Free Legal Advices
question markSublease in pagdi house and Compliance to notice
Hi, The ‘pagdi’ system is a form of tenancy in India, where the tenant is also part-owner of the property. the part-owner can even sublet the premises but the rent that he gets must be divided between the actual owner of the property and the part-owner that is the first tenant. Therefore, it is mandatory for you to share a sum of the rent with the actual owner then your relative can live in it. Thank you. Kindly rate the answer
question markSale of SC?ST land after 143
Hi, Section 143 of the U.P.Zamindari abolition ad Land Reforms Act, which authorizes the Assistant Collector/SDM of the area to change the nature of land from agricultural to residential. In the present case if the sale agreement was made between the parties then there is no problem and there are no further legal documents that are required. It is important, however, to ensure that the sale agreement is kept properly. Thank you.
question markB Kata sit constructing house without set back
Hi, B khata sites don't need building plan approvals or any other permission from the agency. You can send a legal notice to the required authority stating the fact that you do not want to continue with the construction. however, there may can be minor compensatory charges for the same. Thank you. Kindly rate the answer.
question markSecurity deposit not being refunded by landlord
Since there was no rent agreement nor you had taken the premises on rent and further there was no privity if contract between you and landlord or owner hence landlord is not entitled to any money on account of security. The plea of electricity work or cleaning etc are baseless and flimsy ground. Report the matter to police and you can also file case for recovery for which you can contact legal aid cell for free legal services.
question markpurchasing property at anekal, bangalore
Hi, First of all, before buying any property you should fact check over the issue of whether there are any legal disputes or legal encumbrances associated with the property. Secondly, get all the legal documents. If the documents are up to date and there are no legal problems associated with the same, then there is no problem with buying the property. Thank you. Kindly rate the answer.
Expert Lawyers in Property Real Estate Consumer Protection
ANISH
D.O.E. : 12/2007
Mumbai suburban
View Full Profile
Kamendu
D.O.E. : 5/2013
Ahmedabad
View Full Profile
Prabhakara
D.O.E. : 9/2000
Bangalore
View Full Profile
AR Legal
D.O.E. : 1/2008
Bangalore
View Full Profile

Please enter the text

Categories

Civil(39)
Family(37)
News(2)
Others(14)
RTI(7)
Sale(4)
Tax(4)
Torts(4)
Will(3)
Writ(1)

Send your queries to

[email protected]
X
Consult Consumer Protection Lawyers from your City!
Post Your Matter
Post Your Matter to connect with the Lawyer online
Call 7604047602 for any assistance
Symbol for Lawyer
Find Lawyers by Location


Download the Clients App on

Vidhikarya App on Android Platform

Contact Details

7604047602
[email protected]
505-A, Terminus Building,
Newtown, Action Area I,
Kolkata 700156

Download the Lawyers App on

Vidhikarya App on Android Platform

Certified by Startup India, DPIIT

startUpIndia

Payment secured by :

PayUMoney PayPal net banking
visa master maestro
Celebrating 5 years